HCI Equity Partners-backed Tech24 completed the acquisition of AmeriCold and Arrowhead Commercial Equipment.

HCI Equity Partners-backed Tech24, a provider of repair and maintenance services, completed the acquisition of AmeriCold and Arrowhead Commercial Equipment, two foodservice repair and maintenance firms. Financial terms were not disclosed. "We are excited to welcome both Americold and Arrowhead to the Tech24 organization. AmeriCold brings valuable scale and cold-side service exposure to the large New York market. Arrowhead helps us improve density and diversification in the fast-growing Phoenix market. Both companies come with a long history of strong performance, with accomplished leaders who are excited to develop future growth opportunities for their respective businesses," Dan Rodstrom, Tech24 CEO.